Press release
Laparoscopy Devices Market To Reach US$ 19.3 Billion By 2028
Laparoscopy Devices Market
IMARC Group's latest report, titled "Laparoscopy Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global laparoscopy devices market size reached US$ 13.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.
What are Laparoscopy Devices and Uses ? :
Laparoscopy devices are special medical devices that facilitate visualization of the surgical site and enable the performance of procedures using a thin, flexible tube with a camera and light source. They use a minimally invasive technique that enables surgeons to access and operate on internal organs through small abdominal incisions in a laparoscopic surgery.
Laparoscopy devices consist of a trocar system and a laparoscope, which involves the use of a sharp instrument inserted through a small incision to create access and an inbuilt light source to capture real-time video images of the surgical site. Some of the advantages of laparoscopy devices include high-definition magnified images, minimal scarring and pain, reduced recovery time, and lower complications.
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Who are the key Players Operating in the Industry ? :
• B. Braun Melsungen AG
• Boston Scientific Corporation
• Intuitive Surgical
• Johnson & Johnson
• KARL STORZ SE & Co. KG
• Medtronic
• Microline Surgical
• Olympus Corporation
• Richard Wolf GmbH
• Shenzhen Mindray Bio-Medical Electronics Co. Ltd
• Smith & Nephew Plc
• Stryker Corporation
• The Cooper Companies Inc
What are the Growth Prospects and Trends in the Laparoscopy Devices Industry ? :
The global market is primarily driven by the growing demand for minimally invasive procedures among the masses. In line with this, the rising prevalence of chronic diseases, such as obesity, gastrointestinal disorders, and gynecological disorders is also acting as a significant growth-inducing factor for the market. This can be attributed to the growing geriatric population that is more prone to various chronic diseases and conditions requiring surgical intervention.
Moreover, continual advancements in laparoscopic technology including improved visualization, better ergonomics, enhanced surgical precision are providing an impetus to the market. Some of the other factors contributing to the market include increasing healthcare expenditure, favorable government reimbursement policies, and extensive research and development (R&D) activities.
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Key Market Segmentation:
Breakup by Product Type:
• Energy Devices
• Laparoscopes
• Insufflation Devices
• Handheld Instruments
• Suction/Irrigation Devices
• Others
Breakup by Application:
• Bariatric Surgery
• Urological Surgery
• Gynaecological Surgery
• General Surgery
• Colorectal Surgery
• Others
Breakup by End User:
• Hospitals and Clinics
• Ambulatory Centers
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Contact us:
IMARC Group
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Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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